Argan SA (EPA: ARG)

Argan Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	136.64	136.64	237.36	456.46	134.07	131.36
Depreciation & Amortization	1.1	1.1	1.21	0.78	1.02	1.02
Gain (Loss) on Sale of Investments	99.47	99.47	100.71	-291.62	-142.57	-62.34
Stock-Based Compensation	3.93	3.93	4.73	-	-	-
Income (Loss) on Equity Investments	7.11	7.11	-24.17	-11.13	16.43	-4.3
Operating Cash Flow	249.37	249.37	248.76	89.32	-22.12	87.78
Operating Cash Flow Growth	0.25%	0.25%	178.50%	-	-	11.01%
Investing Cash Flow	-50.73	-50.73	177.54	-126.19	-211.99	-218.11
Long-Term Debt Issued	17	17	5.72	87	372.65	300.76
Long-Term Debt Repaid	-0.81	-0.81	-243	-0.2	-	-79.35
Net Debt Issued (Repaid)	16.19	16.19	-237.28	86.8	372.65	221.41
Issuance of Common Stock	-	-	-	0.21	0.14	0.44
Repurchase of Common Stock	-13.37	-13.37	-0.57	-	-	-
Common Dividends Paid	-70.84	-70.84	-65.83	-58.25	-53.28	-53.19
Financing Cash Flow	-159.73	-159.73	-385.43	0.59	291.49	149.58
Foreign Exchange Rate Adjustments	13.62	13.62	-22.55	-	-	-
Miscellaneous Cash Flow Adjustments	-0.06	-0.06	-0.17	-	-	-
Net Cash Flow	52.48	52.48	18.15	-36.28	57.38	19.25
Cash Interest Paid	25.7	25.7	27.75	-	-	-
Cash Income Tax Paid	31.72	31.72	43.33	4.72	-	-
Levered Free Cash Flow	167.31	167.31	107.09	368.13	112.67	89.86
Unlevered Free Cash Flow	183.14	183.14	124.21	385.71	129.86	102.35
Change in Net Working Capital	-34.68	-34.68	50.81	-1.21	-5.81	-0.27

Source: S&P Capital IQ. Real Estate template. Financial Sources.